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Author Topic: Spouses Debt  (Read 3151 times)

user1234

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Spouses Debt
« on: Jan 18, 2008, 04:10:15 AM »
I'm looking for information about my wife's debt and what my responsibilities will be once we are divorced. Here is some quick info:

We are getting a non-contested divorce after five years. We have two children. My wife works part time and goes to school full time. I have always worked full time and supported the family.

My wife has pulled out several student loans in the last year or so. I know that she is looking into take advantage of single-mother grants from the government once we get a divorce.

If she decide to do this, will the state come after me to pick up the tab on the government student loans?

Thanks in advance for any help!


Itsallaboutme

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RE: Spouses Debt
« Reply #1 on: Jan 21, 2008, 06:25:13 PM »
Hi-
You might want to ask the judge to put that debt on her during the final papers of the divorce. However, because you have been the main supporter, you may be slapped with spousal support in addtion to child support. So doing the math I would figure out which is easier in the long run to deal with.
It might be cheaper to pay off her student loans than pay her the spousal support until she finishes school and obtains the standard of living.


 

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